In a pivotal step toward internal monetary independence,
the Central Bank of Iraq (CBI) issued an official circular to all banks and electronic payment service providers announcing the commencement of the implementation of the National Card Scheme project. This is a local payment system managed through the national switchboard, completely separate from international platforms such as MasterCard and Visa.
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The decision comes at a particularly sensitive time, following the Popular Mobilization Forces (PMF) salary crisis and sanctions imposed on several banks, amid indications that Iraq is shifting to a relatively closed monetary environment in the face of external pressures.***** It’s Not Too Late to Make 2025 Your YearFeeling behind? Unmotivated? Not sure where to start?You’re not alone — and this audio guide can help you move forward with purpose.Listen to Relaunch Your 2025 Vision now → https://buymeacoffee.com/tishwash/e/4...